Policy
May 11, 2026SMARTGEN
IEA: Global renewable capacity could more than double by 2030, led by solar PV
IEA says global renewable power capacity could more than double by 2030, with solar PV accounting for around 80% of the increase.
IEA says global renewable power capacity could more than double by 2030, with solar PV accounting for around 80% of the increase.
According to the IEA (7 Oct 2025), global renewable power capacity is projected to increase by about 4,600 GW by 2030.
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The Renewables 2025 outlook states that solar PV could account for around 80% of the global renewable capacity increase over the next five years, supported by cost competitiveness and faster deployment timelines.
The IEA also notes stronger renewable targets and auction programs in many emerging economies, while grid integration, supply-chain concentration and financing remain key issues to watch.
Source: IEA News (7 Oct 2025); IEA Renewables 2025.